Question: Based on the historical returns shown below, what is the covariance of returns for stocks G and H? (Hint: find out the expected return for

 Based on the historical returns shown below, what is the covariance

Based on the historical returns shown below, what is the covariance of returns for stocks G and H? (Hint: find out the expected return for two stocks first; and then apply the historical data covariance formula. It is actually the same as the example in PPTs. Just be patient with your calculation.) Year G return H return 2019 15% 2020 -10% 2021 13% 1) -38.0%% 2) 18.4%% 3) -28.2%% 4)-22.0%% -6% 11% 22%

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